Endowment Tax Hits Harvard’s Investment Strategy
Dean says university will refrain from making long-term commitments due to 1.4% excise tax.
News
WPP De-Risks £140 Million in DB Liabilities
The pension insurance buy-ins cover communication giant’s five pension plans.
ISBI Chair Explains Why Illinois Ditched Hedge Funds
State investment board cut nearly all of its hedge fund managers.
Attorney General Orders Kentucky Governor to Release Pension Analysis
Ruling states Bevin violated public access laws upon November refusal.
Norges Bank Open to More Japanese Real Estate Deals
Largest SWF ready for multiple 100 billion-yen agreements each year.
TPR Doles Out £130,000 in Fines to Two Pension Violators
Bus operator is first company to be sentenced for shirking auto-enrollment duties.
CalSTRS Expands ESG Program, Approves Seven New Money Managers
Firms eligible include Al Gore’s Generation Investment Management.
House-Senate Committee Tasked with Solving Pension Crisis by Year-End
Committee will be comprised of six senators and six House members.
Funded Ratio for US Corporate Plans Gain 3.8% in January
Ratio rises to its highest level in more than four years.
Sweden’s AP2 Sees 9.1% Gains in 2017
Fund to continue its mission of implementing ESG practices into all investment decisions in 2018.
Canadian DB Pensions Rise 4.4% in Q4, 9.7% for 2017
Low interest rates, and a rising global economy boosted returns.
Consortium to Launch $1B Program to Seed 6 PE Firms
Consultant says announcement from The Alaska Permanent Fund, UK Railways Pension Scheme, and The Wafra Group expected within next several days.
KWAP Becomes First Malaysian Signatory for UN-Backed PRI
Fund is currently organizing environment-themed conference for July.
